July 13, 2022 - 3 min read
SupraOracles is excited to announce a partnership with Koraplay, a decentralized social media and entertainment platform. Users can create and share engaging content in Koraplay while earning cryptocurrencies for their efforts on the network.
Users will participate in how the platform develops, with a proof of stake mechanism guiding the process. Koraplay believes that a centralized decision-making structure that excludes some essential actors and contributions is obsolete and should no longer be tolerated. In the new era that Koraplay offers, the content creator should have a say in the decisions that affect the environment in which they operate.
Koraplay provides users with social tokens, allowing creators and followers to capitalize on their active engagements while having a say in the platform’s future direction. These creators and followers are rewarded, and their activities in the ecosystem also boost the value of the tokens they own.
SupraOracles will assist Koraplay in maximizing token scalability after the launch. Koraplay will promote SupraOracles to their community as part of this relationship and will look into the possibility of co-branding. SupraOracles will also aid Koraplay with the beta testing of their platform.
Chikelu Chukwubudom, Co-founder of Koraplay, commented:
“Our goal is to use entertainment to promote the global adoption of blockchain technology and cryptocurrency. We believe that controlling our information, data, and identity is a basic human right. We hope that SupraOracles’ incredible oracle services and the team will be the ideal match for us.”
Joshua D. Tobkin, CEO and Co-founder of SupraOracles, commented:
“SupraOracles admires their wonderful concept of building opportunities for people worldwide. We wish to build the foundation for them to achieve their goal of making web3 more equal and fair for content producers, owners, and users.”
SupraOracles is helping to bridge the gap between traditional capital markets and the web3 environment. SupraOracles aims to help the developer community by utilizing a powerful cross-chain oracle. Incorporating real-world data into public and private blockchains, SupraOracles enables smart contracts to be interoperable, ensuring the long-term viability of the financial markets. In addition, there are additional tools to help developers build and manage data applications that are more efficient, agile, and robust.
Koraplay is a social media network that uses blockchain technology to create a reward-based entertainment experience that is instantaneous. Users can create and share engaging content while also earning cryptocurrencies for their efforts on the network. Their goal is to use entertainment to accelerate the global adoption of blockchain technology and cryptocurrency.
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